Baida Group (600865.SH): Joint centralized bidding between East and West shares between December 10 and 11 reduced holdings by 1.394 million shares

Zhitong Finance App News, Baida Group (600865.SH) issued an announcement. The cumulative daily closing price increase deviation value of the company's stock price reached more than 20% during the two consecutive trading days on December 11 and December 12, 2025. According to the relevant regulations of the Shanghai Stock Exchange, this is an abnormal fluctuation in stock trading. According to verification, between December 10, 2025 and December 11, 2025, East-West Joint Holdings Co., Ltd., which holds more than 5% of the company's shares, reduced the number of shares held by 1.394 million shares through centralized bidding, accounting for 0.37% of the company's total share capital. In addition to this, the company did not find any other major events that could have had a significant impact on the company's stock price. The company's directors, senior management, controlling shareholders and actual controllers did not trade the company's shares during the abnormal fluctuation of the company's current stock trading.